EVN Southern Power Corp increases investment in key provinces

16:29 |07/01/2019

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The Electricity of Vietnam’s Southern Power Corporation (EVNSPC) has reported that it increased investment in key southern provinces of Binh Duong, Dong Nai, Long An, Tay Ninh and Ba Ria-Vung Tau for industrial development in 2018.

At the same time, it also completed power supply to 113 communes in 21 cities and provinces. In Tien Giang, electricity was brought to 22 new-style rural communes with a total investment of around 150 billion VND.

Up to 150 water pumping stations and aquaculture farms in Ca Mau, Dong Thap, Ninh Thuan, Lam Dong, Ba Ria – Vung Tau, Ben Tre, Tien Giang, Tay Ninh and Long An provinces received power at a total cost of roughly 200 billion VND.

In island communes of Hon Thom and Tien Hai in the southern province of Kien Giang, the EVNSPC provided electricity for more than 1,420 households, which cost 193 billion VND.

This year, the corporation is estimated to earn a revenue of 7.47 trillion VND (324.7 million USD) out of the 8.3 trillion VND, or 90 percent of the plan.

In particular, the 220KV Sa Dec and Can Duoc power stations were electrified, contributing to the supply in the region. Construction on a 220KV power line linking Kien Binh and Phu Quoc is also underway.

Among the 82 110KV electrification works, 273km of power lines were built and 467km upgraded with an additional capacity of 1,380MVA, contributing to meeting the power demand for economic development in the 21 southern cities and provinces, particularly in key economic zones.

The EVNSPC repaired 834 facilities with over 1 trillion VND, meeting all targets.

In 2019, the corporation will continue improving the efficiency of power networks and consumer services, installing more gauges, and collecting electricity bill payment via banks and independent service organisations.

It will also complete the construction of power works, put into operation 574 others, and connect Kien Binh – Phu Quoc line to the national grid.

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